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Houston, TX : office snapshot - Q3 2014

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Houston, TX : office snapshot - Q3 2014

Houston’s office market continued to record strong fundamentals through third quarter. Overall vacancy rates fell a full percentage point compared to third quarter of 2013, to 11.9%, although almost 4.0 million square feet (msf) were completed last year and 3.0 msf in 2014 thus far. Overall rental rates in class A space increased by 10.9% citywide from this time last year, ending at $37.14 per square foot (psf) per year.

Source :Cushman &Wakefield

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